Call reports 2016
BANK OF VIRGINIA — 2016
What BANK OF VIRGINIA reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 |
|---|---|---|
| Total assets | 347,783,000 | 353,731,000 |
| Total loans | 236,066,000 | 251,453,000 |
| Allowance for loan losses | 866,000 | 915,000 |
| Securities available for sale | 44,899,000 | 42,910,000 |
| Securities held to maturity | 37,227,000 | 35,864,000 |
| Trading assets | 0 | 0 |
| Total deposits | 290,827,000 | 296,761,000 |
| Interest-bearing deposits | 263,083,000 | 266,766,000 |
| Noninterest-bearing deposits | 27,744,000 | 29,994,000 |
| Equity capital | 26,009,000 | 26,245,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 |
|---|---|---|
| Interest income | 3,035,000 | 6,078,000 |
| Interest expense | 641,000 | 1,342,000 |
| Net interest income | 2,394,000 | 4,736,000 |
| Noninterest income | -734,000 | -595,000 |
| Noninterest expense | 2,891,000 | 5,196,000 |
| Provision for loan losses | 98,000 | 147,000 |
| Pretax income | -1,329,000 | -1,202,000 |
| Income tax | 0 | 0 |
| Net income | -1,329,000 | -1,202,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 |
|---|---|---|
| Tier 1 capital | 26,122,000 | 26,253,000 |
| Total capital | 26,988,000 | 27,168,000 |
| Risk-weighted assets | 205,710,000 | 224,444,000 |